Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 20% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 118,004 shares traded hands during trading, a decline of 24% from the average daily volume of 156,108 shares. The stock had previously closed at C$0.05.
Canstar Resources Price Performance
The company has a quick ratio of 8.36, a current ratio of 1.31 and a debt-to-equity ratio of 218.89. The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.07. The company has a market capitalization of C$9.29 million, a price-to-earnings ratio of -5.00 and a beta of 3.37.
Canstar Resources Company Profile
Canstar Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for zinc, silver, lead, copper, and gold deposits. Its flagship project is the 100% owned Golden Baie project that comprises 52 mineral exploration licenses located in the south-central Newfoundland. The company is headquartered in Toronto, Canada.
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